Superscript launches flexible monthly landlord insurance

Superscript, the small business and self-employed insurance provider, today announces the launch of a customisable, flexible, subscription-based insurance product for both commercial and residential landlords.

Starting from £12.98 per month, Superscript offers a comprehensive range of covers designed to meet the specific needs of modern landlords, whatever the makeup of their property portfolio. Landlords will benefit from unlimited, no-fee mid-term adjustments as part of the monthly rolling cover. What’s more, landlords that insure multiple properties will benefit from a discount on their premiums.

A wide range of premise types are covered; from residential flats and houses through to commercial offices and shops. Multi-property landlords can include a portfolio of residential, commercial and mixed use properties under a single policy and subscription.

New research of landlords by Superscript* shows that 37% of respondents could be described as ‘accidental’; with 29% only becoming a landlord because they inherited a property, while 8% became a landlord after they moved abroad for work and leased it out. When it comes to property management, the top three biggest concerns for landlords are unpaid rent, tenant behaviour and maintenance issues.

Superscript’s landlord insurance addresses these concerns, with key covers including:

  • Rental income

  • Buildings cover

  • Fixture and fittings

  • Property owners liability

  • Landlords contents

  • Employers’ liability

Ben Rose, Co-founder & Chief Underwriter Officer of Superscript, said:

“We’re very excited to launch our subscription-based insurance product, designed so that the full spectrum of landlords will benefit from its flexibility. For instance, ‘accidental landlords’ who may find themselves leasing out a property due to unexpected circumstances, will benefit from the monthly, rather than annual, commitment. Whereas, more commercial-minded landlords with a portfolio of properties (whether residential, commercial or both) can tie them all up into one single, easily manageable policy, rather than purchasing separate policies. All of this can be done rapidly online, and amended at any time with no fees, bringing insurance in line with a modern landlord’s needs.”